Tamara Cherie Dyson from current World Design Capital Cape Town is the lucky young designer to be hitching her dreams to a star this year as she celebrates winning the ELLE Rising Star Design Award 2014, in association with MRP and presented by African Fashion International (AFI). Dyson follows in the footsteps of SA fashion luminaries such as David Tlale, who has gone from Rising Star Design Award winner to acclaimed international designer, showing his ranges at New York Fashion Week and beyond. Entrants were invited to reflect their own design aesthetic in their ranges, says judge and ELLE…
Author: Editor
Pangolin Diamonds Corp. has announced the closing of a non-brokered private placement financing for aggregate gross proceeds of $427,916. The Offering consisted of 7,131,940 units of the company at a price of $0.06 per Unit. Each Unit consists of one common share in the capital of the company and one Common Share purchase warrant. Each Warrant entitles the holder thereof to acquire one Common Share at a price of $0.12 for a period of two years from the date hereof. Insiders participated in the amount of $83,216 The company retained the services of Aberdeen Gould Capital Markets Ltd, an exempt…
Kitso Mokaila, who lost his seat in parliament in the recent polls, has come back to the National Assembly through Specially Elected ticket. He has also been given back his job as minister of Minerals, Energy and Water Resources. As the political head of the ministry, he is responsible for coordinating development and operational activities in the minerals, energy and water sector and it also formulates, directs and coordinates the overall national policies and strategies on minerals, energy and water resources. Mokaila lost his seat to an opposition candidate in Good Hope-Mabule constituency and his re-appointment by President Khama…
Absolut Gaborone at Lansmore has officially got Batswana counting down to one of the most exciting nights of the season, as Euphonic prepares to make an appearance at the rooftop venue. On November 8th 2014, Absolut welcomes the infamous South African DJ for a not-to-be missed evening of music, dance, and excitement. “The Euphonik brand is one that continues to grow and impress. His music offers people an exciting night out and some truly different for Batswana. We look forward to continuing to bring great talents for our guests to keep the standard at Absolut Gaborone and Elyx Lounge high.…
Africa offers enormous growth potential for e-retailers given that online shopping is in its infancy in the region. This is according to Sumesh Rahavendra, head of marketing for DHL Express Sub Saharan Africa (SSA) who says the recently released ‘Shop the World!’ report reveals that emerging markets offer the highest growth potential for the eCommerce industry. “Although global e-retailer Amazon celebrated its 20th anniversary in July, eCommerce companies in Africa are only now beginning to mark and / or accelerate their presence in the marketplace. An example is Nigeria online retailer, Jumia, which despite being founded only two years ago, is quickly…
Barrick Gold Corporation has reported third quarter net earnings of $125 million ($0.11 per share). Adjusted net earnings were $222 million ($0.19 per share). Operating cash flow was $852 million. The company reported strong quarterly results with solid production and lower than expected costs which drove the second reduction to annual all-in sustaining cost guidance this year. “We are pleased to report another quarter of strong operating results, underpinned by a disciplined business model that prioritizes shareholder returns,” said Kelvin Dushnisky, Co-President of Barrick. “We are focused on the best assets in the best regions, where we see the…
It remains to be seen whether President Ian Khama will make Kitso Mokaila a specially elected Member of Parliament after he lost his seat to an opposition candidate in Good Hope-Mabule constituency. Mokaila was the Minister of Minerals, Energy and Water Resources and it is up to the Head of State to decide whether he values him by reappointing him to continue with big projects under the ministry especially the Morupule B, where he was said to be making progress. The ministry is responsible for coordinating development and operational activities in the minerals, energy and water sector and it…
Diversified miner, Anglo American plc said it has delivered the first ore on ship (FOOS) from its Minas-Rio iron ore project in Brazil, within the targeted budget. According the LSE listed company, the first cargo of more than 80,000 tonnes of iron ore for the pellet feed market has been loaded onto a chartered vessel at the dedicated export terminal at the port of Açu in Rio de Janeiro state and the vessel is currently en route to customers in China. The company’s Chief Executive Mark Cutifani stated that delivering FOOS from Minas-Rio is a remarkable achievement from our team…
The Morupule Cycle Challenge took place on the 26th of October 2014 in its new home of Palapye. The Stanbic Bank Botswana sponsored event, now in its fifth instalment, has proven to be a great success, with 84 active participants. The annual sporting challenge is hosted each year by the Morupule Cycling Club (MCC). The Club was formed in 2009 with a view to improving the level of fitness and wellbeing of members of the community in which it operates within. Stanbic Bank Botswana’s sponsorship comes as part of a three year commitment to the platform, this year…
Hodges Resources Ltd said it has reached an agreement with Rio Tinto Mining and Exploration Limited (RTME), on the acquisition of their interest 60% in and rights to an iron sands project in North West New Zealand. The Agreement involves RTME selling their interest and rights in a Farm-In and Joint Venture for the project, a potentially large scale iron sands project in the North West of New Zealand. The deal involves Hodges acquiring RTME’s interest in the project by payment of a non-refundable deposit of NZ$100,000 cash on execution of the agreement; payment of renewal invoices as they come…